The business mileage rate for transportation will increase from the current 54.5 cents per mile to 58 cents per mile starting January 1, 2019. The employee reimbursement form found on Pulse under Frequently Used Links has been updated to reflect this change.
If you are seeking reimbursement for mileage travelled in 2018 after January 1, 2019:
- You will need to manually adjust the rate on the form down to 54.5.
- Reimbursement for 2018 mileage will also need to be submitted on a separate form from 2019 travel.
- Forms submitted incorrectly are subject to being returned, delaying the processing of your reimbursement.
Direct deposit is available:
Accounts Payable can process your reimbursements through direct deposit. When your payment is processed you will receive a direct deposit notice by email and your funds will be in your account the very next business day. No waiting for a check in the mail, or running to the bank for deposit. Click here for the ACH authorization form to complete and return to our office if you’re interested.
Please email any questions you may have to accountspayable@cooperhealth.edu.